Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 10,009
Catalog: KM-172
Obverse Designer: L. W. Hoffecker & Edmund J. Senn
Reverse Designer: L. W. Hoffecker & Edmund J. Senn
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $5.30 (8/29/2015)
Diameter: 30.6mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1935 SPANISH TRAIL 50C MS obverse 1935 SPANISH TRAIL 50C MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

The Spanish Trail Memorial half dollar was simply another money-making scheme by L. W. Hoffecker, a Texas coin dealer and future ANA president. After a commemorative coin he tried to have made honoring the Gadsden Purchase was vetoed by the President, Hoffecker set out on a search for another event to commemorate. In his position as Chairman of the El Paso Museum Committee, he found the event he was looking for. Rewriting history to suit his own ends, Hoffecker claimed that El Paso was the end of the Old Spanish Trail traveled by early explorer Alvar Nunez Cabeza de Vaca and the remnants of an 1527 Spanish expedition. This was not really the case, but apparently that didn’t bother Congress, as a bill was passed on June 5th, 1935 authorizing a maximum of 10,000 half dollars commemorating the trail.

Hoffecker, in addition to inventing the need for the coin, also had a specific design in mind for it. He hired local El Paso sculptor Edmund J. Senn to execute his plans. Hoffecker was clearly no artist, and his designs are one of the most widely criticized of any commemorative coin. The obverse displays a cow’s head as the central device, apparently a metaphor for Cabeza de Vaca, which translates in Spanish to “head of a cow.” Directly above the cow’s head on the coin’s obverse is the legend LIBERTY and above that, the motto E PLURIBUS UNUM. Below is the explorer's name ALVAR NUNEZ CABEZA DE VACA. Encircling the rim are the inscriptions UNITED STATES OF AMERICA and HALF DOLLAR.

The reverse displays a map of the southern United States from Florida through Texas with the fictionalized Spanish Trail marked off across five states, ending at EL PASO. Continuing his disregard for historical accuracy, Hoffecker designated stops along the trail at cities that did not exist in the early 16th century. Superimposed on the map is a blooming yucca tree, a common plant in the desert regions of the southwestern United States. At the bottom of the reverse are the two dates 1535 and 1935. The legend OLD•SPANISH•TRAIL appears at the top border and the motto IN GOD WE TRUST is to the right of the yucca tree.

The full authorized mintage of 10,000 coins was struck in September of 1935 at the Philadelphia Mint. They were distributed by the El Paso Museum Committee for $2 each, a hefty sum at the time for a coin with a face value of 50 cents. There was definitely some favoritism involved in the sale of the coins, but they still ended up being distributed widely, mostly to collectors.

GRADE SUMMARY

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Price Guide

Last Updated: 7/24/2015

Click on a price to see historical prices, comparison charts and trends.

1935 SPANISH TRAIL 50C MS
  GVGFVFXF5053555861626364656667686970
Base $ - - - 750 1000 1125 1160 1185 1225 1275 1300 1350 1525 1650 2000 3600 29000 - -
$ - - - - - - - - - 1700 2350 5750 -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 1801
Low Grade: 45
Average Grade: 64
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/30/2000 PCGS MS 66   Teletrade Auction 1301, 1301/Lot# 1424 $1,026.00
12/11/2006 NGC MS 65   David Lawrence Rare Coins Internet Auction # 117, 122/Lot# 1738 $1,495.00
5/27/2007 PCGS MS 66   Goldberg May 27-30, 2007 Pre-Long Beach Coin and Currency Auction, 41/Lot# 1278 $2,127.50
1/5/2011 PCGS MS 63   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(7), 1151/Lot# 13215 $1,213.25
5/29/2011 PCGS MS 65   Bonhams Coins and Banknotes, 19158/Lot# 1402 $1,521.00
10/20/2013 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 10/20/2013, 97/Lot# 142207 $1,266.10
10/30/2014 PCGS MS 64   Stack's Bowers November Baltimore 2014, 6039/Lot# 4459 $881.25
1/7/2015 PCGS MS 65   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 12172 $1,057.50


NGC Registry

NGC Registry Score 1935 SPANISH TRAIL 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base112712021281136314501707179918211852187319071928194919692009214322332464328178591355123379
11521228130813921536173818061831185918841914193519561982205421732310273648079756168270
0000001806183118591884191419351956198220542173231027364807975600
00000018141842186618961921194219621996209822032387300963331165400
Registry Image Gallery
Grade: MS 68
Points: 7859
Owner: J & L
 
Grade: MS 68
Points: 7387
Owner: Richard Schultz
 
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